Holy Crap 92,500 Homeowners Facing Foreclosure In Minnesota

by Jason Sandquist on November 22, 2009 · 0 comments

in Foreclosure

If foreclosures where a city in Minnesota, it would be in the top 5 for largest.

From Kara McGuire at Star Trib:

Loans in the process of foreclosure rose in the state and the nation from July through September of this year. Minnesota ranks 39th in the number of delinquencies but 15th in foreclosures started. States where speculation was rampant during the housing boom — Florida, California, Arizona and Nevada — led the nation in mortgage problems.

Although 6.98% mortgage holders are behind, 92k behind or in some stage of foreclosures is still a large number in the big picture.

Jobs. Jobs. Jobs.

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